COINOTAG news reported on September 16, that Dexter, the founder of Whales Market and gm.ai, released a statement on X addressing significant issues faced by gm.ai. Dexter acknowledged a series of mismanagement, unfortunate timing, and notably, poor team communication, and assured investors of a clear plan moving forward. He assured that the team had sold almost no tokens from prior projects. Concerning gm.ai, aside from development funds, the team has neither withdrawn nor misappropriated pre-sale funds.
To address the current challenges, Dexter announced that the remaining pre-sale funds will be transitioned to a public wallet as part of a compensation strategy. Full disclosure and detailed plans are set to be revealed this Friday.